A New Tax System (Indirect Tax and Consequential Amendments) Act 1999 (176 of 1999)
Schedule 8
Income Tax Assessment Act 1936
21 Paragraph 26AG(5)(a)
Repeal the paragraph, substitute:
(a) where the unit is disposed of for a specified price - that price less:
(i) the expenses of the disposal; and
(ii) if the disposal is a taxable supply - an amount equal to the GST payable on the supply; or
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